November 12, 2025·by Jon Levy

Today, Groww, one of India's leading consumer fintech companies, goes public. Groww is India’s dominant digital investing platform, enabling tens of millions of people to invest simply and confidently in stocks, mutual funds, and ETFs. Groww is Y Combinator’s first company to list in India, and we could not be more proud.

When YC invested in Groww, we thought we understood what it meant to build a lasting company: to grow deliberately, focus on customers, and execute with discipline. But over the years, we’ve learned more from the Groww team about how to do that in India, or anywhere, than almost any team we’ve ever worked with.

YC’s motto is “make something people want,” and few companies have embodied this concept more completely than Groww. They grew organically, navigated through COVID, launched new products, and stayed relentlessly focused on their customers, always with quiet resilience and long-term conviction.

Looking back at our early notes on Groww, it’s remarkable how far they’ve come. We always believed this team could build, but what they’ve achieved has gone far beyond even our most optimistic expectations. They consistently exceeded projections, created products we never imagined, and scaled with a sense of purpose and clear focus. Over time, we realized we weren’t just supporting these great founders, we were learning from them. We talk a lot about guiding founders, but the best ones teach us just as much as we teach them. Groww has been that kind of company - the kind that reminds us why we do this work, and what a great management team actually looks like.

Outside of playing point guard for the New York Knicks, my job at YC is one of the best in the world. And one of the best parts of it is working with exceptional founders, the ones who build great companies and reshape entire industries. The Groww team is a standout in this elite group. Whether in San Francisco or at a strategy retreat in Mussoorie, spending time with them is a masterclass in thoughtful long-term company building. Watching Groww scale to become a public company in India is an incredible milestone, but it also feels like the natural next step for this team.

We (like other long-term investors) are selling a small portion of our Groww shares as part of the public offering to increase the float. But it’s the kind of sale anyone would make reluctantly - this is a stock you want to hold forever. If you believe in backing great management, you’d be hard-pressed to find a better example.

Finally, credit to former YC partner Anu Hariharan, who saw what made this team special very early and championed them from the start. She couldn’t have been more right.

Congratulations again to the Groww team.  It’s been our privilege to know and work with you, and we’re excited to continue to watch you grow(w)!